Thriving Inner-city Licensed Cafe - $24k+/weekly - $7.9k Profit, Semi-managed

Currently run under semi-management conditions in one of Sydney's incredible inner-city locations, this cafe has strong revenue, excellent profit with a payback in less that 2 years.
HIGHLIGHTS
Asking Price: $678,805 includes stock as valued
Annual Revenue: FY23 $1,299,867
Weekly Revenue: $24,997
Adjusted Net Profit:

- FY23: $411,397

- Weekly: $7,911

Assets: $120,000+ Assets include tangible and intangible assets
Business History: Established in 2019 by current Owners
Reason for Sale: Other business interests

OPPORTUNITY

- Increase seating capacity by 20%

- Implement online ordering platforms

- Utilise pizza oven and all assets & facilities

- Maximise alcohol license

- Leverage commercial equipment - increase menu

Introduce catering options for both residential and commercial clientele (city very close)

2ND BUSINESS OPPORTUNITY

- Open at night - restaurant or pizza place

- Capatilise on equipment & area

"Business is on a growth trend in both turnover and profit”
“New initiatives could substantially grow both sales and profit”

Property Code: 153